NOT LISTED FOR SALE

16272 Hughes Rd Victorville, CA 92395

Estimated Value: $358,704 - $483,000

4 Beds
2 Baths
1,600 Sq Ft
$256/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $239,900 $150 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,463/month

171 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2019

Great duplex to add to your porfolio or live in one unit and rent the other. Each unit is 2 bedrooms and 1 bath. Property has plenty of parking. Unit A was rehabbed in August 2018 with new kitchen granite counters, fresh paint. Property is in front of a nice park. Unit B is is now available and currently being rehabbed.

Last Agent to Sell the Property

LETICIA MARTINEZ

SUPERIOR PROPERTIES GROUP License #01470867 Listed on: 02/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1972

Lot Details

  • 9,585 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Assessor Parcel Number 0477331370000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Pest Control $500
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,112
  • Operating Expense $8,112
  • Gross Income $11,088
  • Net Operating Income $11,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,645

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0477331370000
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 149.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Washer Hookup
  • Pest Control Expense: 500.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 9585.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 11088.00
  • Gross Operating Income: 18240.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9585.0000 Square Feet
  • Net Operating Income: 11088.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 8112.00
  • Rent Control: No
  • Total Actual Rent: 1487.00
  • Total Expenses: 8112.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3112.00
  • Tax Census Tract: 99.12
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Americo Lopez Jeremy
Bought by
Somerset Opz Llc
Current Estimated Value
$408,926

Purchase Details

Closed on
Jun 23, 2021
Sold by
Barrios Estefany
Bought by
Lopez Jeremy Americo

Purchase Details

Listed on
Feb 18, 2019
Closed on
Sep 26, 2019
Sold by
Barrios Ruby
Bought by
Lopez Jeremy Americo
Seller's Agent
LETICIA MARTINEZ
SUPERIOR PROPERTIES GROUP
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$174,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2019
Closed on
Aug 28, 2019
Sold by
Medina Crystal and Martinez Medina
Bought by
Lopez Jeremy A
Seller's Agent
LETICIA MARTINEZ
SUPERIOR PROPERTIES GROUP
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2016
Closed on
May 11, 2016
Sold by
Bridges Christina Faye and The Nesmith Trust
Bought by
Martinez Crystal
Seller's Agent
Bradley Petersen
Pay It Forward Realty
Buyer's Agent
Ernest Martinez
SUPERIOR PROPERTIES GROUP
List Price
$154,900
Sold Price
$155,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$152,192
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2003
Sold by
Nesmith Douglas
Bought by
Nesmith Douglas and Nesmith Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Somerset Opz Llc -- Accommodation/Courtesy Recordi
Lopez Jeremy Americo -- Pacific Coast Title Company
Lopez Jeremy Americo -- First American Title Company
Lopez Jeremy A $235,000 First American Title Company
Medina Crystal -- First American Title Company
Martinez Crystal $155,000 Stewart Title Of Ca Inc
Bridges Christina Faye -- Stewart Title Of Ca Inc
Nesmith Douglas -- --
Nesmith Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jeremy A $174,000
Previous Owner Martinez Crystal $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $239,900 0.0% $150 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/29/2019 07/29/19 Price Changed $239,900 -2.1% $150 / Sq Ft
05/22/2019 05/22/19 Price Changed $245,000 -1.6% $153 / Sq Ft
03/14/2019 03/14/19 Price Changed $249,000 -24.3% $156 / Sq Ft
03/14/2019 03/14/19 Price Changed $329,000 +31.7% $206 / Sq Ft
02/18/2019 02/18/19 For Sale $249,900 0.0% $156 / Sq Ft
08/13/2018 08/13/18 Rented $800 0.0% --
08/10/2018 08/10/18 For Rent $800 0.0% --
08/03/2018 08/03/18 Off Market $800 -- --
07/31/2018 07/31/18 For Rent $800 0.0% --
06/30/2016 06/30/16 Sold $155,000 +0.1% $97 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $154,900 -- $97 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,645 $307,751 $74,285 $233,466
2024 $3,645 $301,716 $72,828 $228,888
2023 $3,609 $295,800 $71,400 $224,400
2022 $2,959 $242,183 $51,528 $190,655
2021 $2,905 $237,435 $50,518 $186,917
2020 $2,853 $235,000 $50,000 $185,000
2019 $2,000 $164,487 $26,530 $137,957
2018 $2,131 $161,262 $26,010 $135,252
2017 $2,088 $158,100 $25,500 $132,600
2016 $856 $63,570 $13,244 $50,326
2015 $826 $62,615 $13,045 $49,570
2014 $811 $61,388 $12,789 $48,599
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    LETICIA MARTINEZ

    SUPERIOR PROPERTIES GROUP

    Section Image

  • E

    Buyer's Agent in 2018

    Ernest Martinez

    SUPERIOR PROPERTIES GROUP

    (909) 430-1897

    9 Total Sales

    Ernest Martinez
    Section Image
  • Bradley Petersen

    Seller's Agent in 2016

    Bradley Petersen

    Pay It Forward Realty

    (714) 855-8184

    49 Total Sales

    Bradley Petersen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19037167

California Regional Multiple Listing Service (CRMLS)

APN: 0477-331-37

California San Bernardino County Victorville 92395

16272 Hughes Rd, Victorville, CA

Not Listed for Sale

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